>In March 2010, the Iraqi Government announced the ‘National Development Plan 2010-2014’ with a need of 3 million housing units with a plan to supply 2 million housing units over five years. >In 2010 the National Investment Commission announced their ‘National Housing Program’ to develop one million housing units in 14 Governorates, 224,000 of which would be in the Baghdad province.
>The Baghdad Bismayah New City Project (BNCP) is currently Iraq’s largest residential project at 1,830 hectares with 100,000 units being built between 2012 and 2019 >In addition, infra-networks such as roads, electricity, water and waste management, along with a cohesive social groundwork of public facilities for commerce, education, and welfare, will make this project a perfect execution of modern urban construction.
>The contract amount was US$7.75 billion and it is planned to accommodate around 600,000 occupants. >The city is located 10km on the outskirts of Baghdad and is the first and biggest city development throughout the history of Iraq.
>The new city, roughly the size of 3,425 football fields, will contain a central business district surrounded by 834 U-shaped apartment towers, schools and social amenities. It will provide a new start for 600,000 Iraqis.
>12 buildings are grouped together to form one block (e.g. Block A-1), and several blocks together form a "town." (e.g. A Town) 1,440 residential units are slated for completion in early 2015, within Block A-1, with additional 20,000 units being available every year thereafter, totaling 100,000 residential units completed within 5 years.
>US$7.75 billion and it is planned to accommodate around 600,000 occupants. talk about getting ripped off
Jayden Perez
>Residential units are available in sizes of 100, 120, and 140 square meters, and come in two main types: >the Traditional Type, which preserves Islamic values in everyday life, >and the Modern Type which boasts efficient use of large communal spaces.
>To ensure the success of Bismayah, apartments are offered for a down-payment of just$6,300, or 10 percent of the total cost of the smallest 100 sq metre homes, with the balance repaid over 20 years. >Flats in Baghdad in comparison are far pricier, and buyers are required to pay for the apartments in one lump sum.
>ripped off not at all, it's the cost including all the basic necessities In fact, european companies have given up on the bid because of such a low price margin
city? doesnt iraq buy electricity from saudi and iran? how about they use their oil? or build a dam? or go solar? and yeah i doubt that city would happen with correct level of corruption but lets see what is the new government up to
Dominic Ramirez
It's already happening, residential buildings are now 33.7% completed, and 14.7% in total infrastructure Keep in mind this is still a WIP and the complete transfer of the city can be delayed beyond 2021
This is a massive fucking project. Where can I see more pictures
Julian Adams
whos paying for all of this?
Juan Brooks
The americans lol
Dominic Gonzalez
Who is shilling this so hard every day? All these 3rd world countries have beautiful, gleaming 3D renderings of these construction projects, but they never amount to shit. Even if it gets built, does it even matter when the rest of the country is an undeveloped hellhole?
Great, we can send the subhuman Iraqi migrants back then.
William Fisher
>new breeding ground Yes, they going to need a lot of migrant cheap labor. Will Indians take the bait like in Saudi Arabia? Because Indian construction workers in Saudi Arabia live in small crowded apartments, but they have the illusion of rich country. Where's the illusion in Iraq? After all India wants to become India 2020 and perhaps enslave Iraq.
Gavin Harris
This will be absolute garbage compared to neom its supposed to be fully AI, it will be unlike anything this earth has seen. Neom will be a megaopolis a dual layer city something on conceived in science fi. Iraq is not going to get foreign support or investment this project is not based on technology like neom your a fucking retard if you think this has anything on neom. Basically this is a bunch of low grade apts.
Jeremiah Morris
Of course Iraq is going to get investment, banks can't wait to give them money so they can seize control over land legally(without war) when they can't pay. Then you will have payers who construct and inhabitants in advance and the rest later, then you need to hire illegal poo in loos and only pay for construction material.
Juan Gonzalez
>Iraqi government takes out billions of dollars in loan in order to build based city >Becomes the most recent member of the "debt slaves" group All going according to plan
Not going to happen again these are basically apartments. Iraq is not a major investment nation. Reason being is George political they are allies with Iran hence why the USA and investors are not focusing on them like they are neom which will be at least 4 x larger than ney York city. It will also be taller as the city will be made with 3 levels top connecting sky scrapers ground level and sub levels. Iraq is now what's considered apart of the resistance, which is allied with Iran, Syria and Lebanon under Hezbollah. I can guarantee you Iraq will not become a investment hub like Saudi Arabia or the UAE any time soon. Geo politics won't allow it simple as that.
Ian Hall
This is most likely the case the cost and the number of inhabitants suggest this. Iraq future is one of more sanctions and isolation.
Joseph Collins
Geo political not George. God damn phone auto correct, I hate phone posting but I'm on business trip.
Adam Torres
Do you actually believe those shitskins can bring out AI even what the silicon valley has failed? Get over with the gimmicks, they're essentially the same thing >low grade apts I'm not gonna lie, those apartments are surely made for cheap, but would serve you just as well and for less money. The reason they are cheap is because of the modularity and easy assembly of prefab concrete blocks, not because they're built in a shit quality. youtube.com/watch?v=Xzs3WkteqIA
This is what they planned for Syria too, so then Syria would be happy to take a cheap loan to build the based pipeline. Then Trump happened.
Jackson Perez
Americans want to enrich banks, they make projects like Canada and Ireland where they want to build construction projects. That's all just about Jews controlling the money.
bismayah.org/english/pages/06notice/qna.asp?page=2 Q: >Is it possible to dispense with an underwriter sponsor (not a governmental employee) to the bank to guarantee payment of the remaining installments because the buyer shall pay 25% as a down payment? A: >The sponsor shall guarantee payment of 65% borrowed from the bank which shall pay on behalf of the buyer to the company, and that the decision for the necessity of existing a sponsor shall be at discretion of the bank.
Q: >Why does the grand total of 180 installments increase the remaining 65%? A: >Because of addition of 3% interest rate to be paid to banks out of 6%. (3% ) of which shall be paid by the State treasury.
Q: >Why the contract is not considered as an ownership title of buyers who have paid the full amount so as they can submit it to banks to obtain (the advance of 100 salaries)? A: >The banks require real estate title issued by the Real Estate Registration Department, and NIC is serious about the inclusion of the contract in question to replace property title required by the banks.
So like i said: pay in advance + foreigner investments + bank investments = money for material, the rest is cheap labor and housing bubble that demands new migrants aka growth of percentage profits for banks into forever, until you break the contract where you have to directly sell it to banks or give them your shares.
Mason Thompson
>Iraq wants to build a new ci- ALLAHU AKBAROOOOOOMMMM!!!! >Never mind...
Dude read up on neom, Saudis are not making the AI as well as hundreds of other machine applications and services. Shitskin Arabs are retards that's cannot do this. Instead the tech is global, china USA, and Israel mostly are providing the tech. Hence why its so concerning, it will be basically a Jewish AI run super city state that has a hedonsitic multiple cultural population that will probably turn the city Into a new age Babylon or soddom and gammorah. It's not apartments its far more no gas powered cars, only electric, AI services AI medical records, independent laws. Millions of none Saudi foreign citizens not just poor workers. Cybernetics, holograms, literal robots and even robot citizens. Everyone will have a neom card, a card you must have to access the cities services. Idk how but they even say all facets of life home shopping food medical care etc will all be within literal yards away. Its supposed to be fueled by the Israeli silicon valley and its supposed to spread all the way into Jordan and the sinai via a super bridge.
Angel Green
>all these white people in promo shot
jej
Lucas Mitchell
That's how most Iraqis look you ignorant simpleton
Levi Myers
Not even in a city plan project Albin*ids stop with their racism.
Zachary Roberts
Housing sectors are merely part of the project, the pinnacle of this city is public facilities like so
If there's KFC and people can't pay loans then there gotta be also gay bars eventually. This spiral of growth, future expectation and profits always ends in people downgrading to lowest common denominator to playing with their butt to relax.
Nathan Thomas
Yes, so please remember, never ever live near white people.
Mason Long
Lol wut so your downplaying neom BC the us and China are providing tech to its development. ??? May I ask what nations are better at tech besides Israel??? Are you Iraqi or something is that why you are using a meme flag and pressing this cheap unimpressive Iraqi housing development???
Hunter Williams
Now, come down, the project is only in its infancy and still has a long way to go I'm sure gay bars are not going to happen anywhere in the near future
Josiah Hill
Well... don't keep them in Germany for long, since eventually they are going to become gay from all that cuck boipussy in Germany.
Andrew Reed
Kek Slovenia never change. Only 2 things Slovenia is known for massive cave systems and Patrician level shit talking.
Jack Gray
>impressive On a more serious note, I've never looked down upon anyone, it's just the AI is still a meme regardless of who's in charge
I agree but its got to start some where, what better a place than in the desert along the red sea with access to international trade and close proximity of Israeli silicon valley. We both know AI is probably the beast and on the end its got to start somewhere.
